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AEROFLEX INDUSTRIES Gains 7%; BSE METAL Index Up 0.7%
Fri, 29 Nov 15:50

AEROFLEX INDUSTRIES Gains 7%; BSE METAL Index Up 0.7%Image source: DNY59/www.istockphoto.com

AEROFLEX INDUSTRIES share price has zoomed 7% and is presently trading at Rs 216.0.

Meanwhile, the BSE METAL index is at 30,536.7 (up 0.7%).

Among the top gainers in the BSE METAL index today are APOLLO TUBES (up 3.4%) and Hindustan Zinc (up 2.1%).

Over the last one year, AEROFLEX INDUSTRIES has moved up from Rs 159.7 to Rs 216.0, registering a gain of Rs 56.4 (up 35.3%).

On the other hand, the BSE METAL index has moved up from 24,068.4 to 30,536.7, registering a gain of 26.9% during the last 12 months.

The top gainers among the BSE METAL index stocks during this same period were Vedanta (up 93.4%), Hindustan Zinc (up 67.7%) and Jindal Steel (up 35.9%).

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What About the Benchmark Indices?

The BSE Sensex is at 79,802.8 (up 1.0%).

The top gainers among the BSE Sensex today are Bharti Airtel (up 4.4%) and Sun Pharma (up 2.9%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 24,123.7 (up 0.9%). Bharti Airtel and Sun Pharma are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,174.2 to 79,802.8, registering a gain of 13,628.6 points (up 20.6%).

AEROFLEX INDUSTRIES Financial Update...

AEROFLEX INDUSTRIES net profit grew 18.0% YoY to Rs 137 million for the quarter ended September 2024, compared to a profit of Rs 116 million a year ago. Net sales rose 13.0% to Rs 950 million during the period as against Rs 841 million in July-September 2023.

For the year ended March 2024, AEROFLEX INDUSTRIES reported 38.4% increase in net profit to Rs 417 million compared to net profit of Rs 302 million during FY23. Revenue of the company grew 18.0% to Rs 3,179 million during FY24.

The current Price to earnings ratio of AEROFLEX INDUSTRIES, based on rolling 12 month earnings, stands at 61.9.


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